well, ether sale has started.

[Patel]

you have 2 week to think about it before they become more expensive.
you have 41 days to think about it before you can't buy them until their genesis block goes live.

The funniest thing I've seen all day is Mircea Popescu selling Ether futures, 5000/btc deliverable 2015-03-15.

lmao now that is funny

link please?

http://log.bitcoin-assets.com/?date=22-07-2014#764497

[Swordsoffreedom]

you have 2 week to think about it before they become more expensive.
you have 41 days to think about it before you can't buy them until their genesis block goes live.

The funniest thing I've seen all day is Mircea Popescu selling Ether futures, 5000/btc deliverable 2015-03-15.

lmao now that is funny

link please?

http://log.bitcoin-assets.com/?date=22-07-2014#764497

So mircea is willing to estimate this will crash and burn since the rate is now at 2000
Valuation of 40% of the current price in 1 year

Well considering mastercoin and maidsafe it seems like a risk worth considering from MP's view thanks that is an interesting find.

[nakaone]

you have 2 week to think about it before they become more expensive.
you have 41 days to think about it before you can't buy them until their genesis block goes live.

The funniest thing I've seen all day is Mircea Popescu selling Ether futures, 5000/btc deliverable 2015-03-15.

lmao now that is funny

link please?

http://log.bitcoin-assets.com/?date=22-07-2014#764497

So mircea is willing to estimate this will crash and burn since the rate is now at 2000
Valuation of 40% of the current price in 1 year

Well considering mastercoin and maidsafe it seems like a risk worth considering from MP's view thanks that is an interesting find.

what is his motivation of doing this? - It makes not too much sense, if ether only sees an inflation of 28% per year and the ipo buyers probably will not sell below initial price

[Swordsoffreedom]

what is his motivation of doing this? - It makes not too much sense, if ether only sees an inflation of 28% per year and the ipo buyers probably will not sell below initial price

You know Mircea
Well perhaps not it but pretty much MP loves to point out the weaknesses in Bitcoin securities and tout Mpex but Mircea is pretty much saying Ethereum is seriously over valued and is willing to bet a futures contract on it.

In other words give me 1 BTC now I'll deliver these many coins for you next year and am presently offering a better exchange rate than Ethereum.
(MP) thinks that they can make a lot more Bitcoins than the true value of etherum will be at that date in the future.

@ Yes I think that Romanian would deliver and hold up their end of the deal in a year lol.

That said maidsafe is close to market again
https://bitcointalk.org/index.php?topic=579797.0
https://poloniex.com/exchange/btc_maid

AT IPO 17000 = 1 BTC
0.00004893 * 17000 = 0.83181

[newuser01]

I think this will be fail just like the maidsafe IPO

On the other hand there is no rush invovled in this one..

You 'should' be able to wait at least 13 days and get ether for the same price - unless they change it

[Istanbul34]

Why should I buy in an IPO when the technology is already outdated.

NXT is almost the same tech as Ethereum. But already released and solid. No risk investment.
NEM is also almost the same. Alpha release working like a charm. No risk investment.

[TookDk]

i initially thought it was the ether that johnny depp was on in Fear and Loathing in Las Vegas.

"Ah, devil ether. It makes you behave like the village drunkard in some early Irish novel. Total loss of all basic motor skills. Blurred vision, no balance, numb tongue."

[Kellyjazz]

I guess I need more time to observe. It's true that there area lot of professional developers in Ether, but I doubt if their fame can really attract investment. It's not that easily accepted by the public.

[dadugan]

I think this will be fail just like the maidsafe IPO

On the other hand there is no rush invovled in this one..

You 'should' be able to wait at least 13 days and get ether for the same price - unless they change it

How did maidsafe IPO failed?

[GTO911]

Buy Crypti on launch than sending your BTC to greedy ether devs

[EternalWingsofGod]

They are still making a lot of money for funding the project they have
Looking at the site its 7,182,144 ETH
Or near 3600 Bitcoin * 600 = 2.15 million 
https://www.ethereum.org/

[r0ach]

Ether

1.  a pleasant-smelling, colorless, volatile liquid that is highly flammable.

[arbitrage001]

They are still making a lot of money for funding the project they have
Looking at the site its 7,182,144 ETH
Or near 3600 Bitcoin * 600 = 2.15 million 
https://www.ethereum.org/

Look like they have a lot of supporters and believers.


I am sitting this one out as I have seen too many coins end up badly.

[sherbyspark]

fuck that

can you explain why?  I like more info than just "fuck that"

After every presale and release i've seen the price went down every time (and eventually the coin died).

Also if they had confidence in their ''revolutionary coin'' they wouldnt do a presale, especially a presale in BTC, the only true crypto.

Why would they want BTC if their crap was better ?

What i see is the same old alt coin scam.

Maybe you are holding every coin too long. I had a great investments in some of these. I had a 600% profit on selling some of these coins after the presale. After some time a lot of these coins are dumped, which is when the price falls, you should definitely get out before that happens.
But for Ethereum invested amount is already 3600 BTC, and I doubt investors will be profitable on this one. Price will probably keep going down.

[prophetx]

lol everytime i see an altcoins launching i'm laughing hard...

Do you noobs realize they're essentially making btc out of this? So they sell their ultimate coins for BTC and guess what noob? so they can hold more btc. All ppl behind these projects are already btc rich. If they truly believe their alt coins are.... "bitcoin2.0" they would have dumped their btc.

I'm not going to say this will make money, but people should realize they aren't trying to be BTC 2.0. It's a very different type of coin for a different purpose. I'm not even sure it'd be considered a cryptocurrency in the traditional sense.

yea, it is sort of like MaidSafe.  I'm about 10% familiar with both of these, and the wording is very, very similar.

how many more of these will we see pop up.

they are preselling you tokens that can be used to get processing power and storage on other people's property. 

[profitofthegods]

lol everytime i see an altcoins launching i'm laughing hard...

Do you noobs realize they're essentially making btc out of this? So they sell their ultimate coins for BTC and guess what noob? so they can hold more btc. All ppl behind these projects are already btc rich. If they truly believe their alt coins are.... "bitcoin2.0" they would have dumped their btc.

I'm not going to say this will make money, but people should realize they aren't trying to be BTC 2.0. It's a very different type of coin for a different purpose. I'm not even sure it'd be considered a cryptocurrency in the traditional sense.

yea, it is sort of like MaidSafe.  I'm about 10% familiar with both of these, and the wording is very, very similar.

how many more of these will we see pop up.

they are preselling you tokens that can be used to get processing power and storage on other people's property. 

Ethereum is nothing like Maidsafe, and its not about buying processing power or storage on other people's machines; ethereum is mostly about smart contracts, and also about Dao's (digital autonomous organisations).

[prophetx]

what is his motivation of doing this? - It makes not too much sense, if ether only sees an inflation of 28% per year and the ipo buyers probably will not sell below initial price

You know Mircea
Well perhaps not it but pretty much MP loves to point out the weaknesses in Bitcoin securities and tout Mpex but Mircea is pretty much saying Ethereum is seriously over valued and is willing to bet a futures contract on it.

In other words give me 1 BTC now I'll deliver these many coins for you next year and am presently offering a better exchange rate than Ethereum.
(MP) thinks that they can make a lot more Bitcoins than the true value of etherum will be at that date in the future.

@ Yes I think that Romanian would deliver and hold up their end of the deal in a year lol.

That said maidsafe is close to market again
https://bitcointalk.org/index.php?topic=579797.0
https://poloniex.com/exchange/btc_maid

AT IPO 17000 = 1 BTC
0.00004893 * 17000 = 0.83181

these guys will easily get 20k+ BTC.  that is good for us. more btc off the tables...

whether it goes up or down really doesn't matter unless you want to speculate on increasing your btc position 8 months from now

it validates that a company can raise 10's of millions using BTC, and will use BTC to essentially fund its operation.

it has some young, smart dorky guy (sorry Vitalik) who looks a lot better than some fat fuck who can't even run a magic card exchange and some other person who was dumb enough to put out assassination contracts with under cover FBI agents...

anyway i might throw in 0.5 btc for the hell of it, who knows maybe Mircea will get short squeezed and i can 10x that into 5 btc. 

[prophetx]

lol everytime i see an altcoins launching i'm laughing hard...

Do you noobs realize they're essentially making btc out of this? So they sell their ultimate coins for BTC and guess what noob? so they can hold more btc. All ppl behind these projects are already btc rich. If they truly believe their alt coins are.... "bitcoin2.0" they would have dumped their btc.

I'm not going to say this will make money, but people should realize they aren't trying to be BTC 2.0. It's a very different type of coin for a different purpose. I'm not even sure it'd be considered a cryptocurrency in the traditional sense.

yea, it is sort of like MaidSafe.  I'm about 10% familiar with both of these, and the wording is very, very similar.

how many more of these will we see pop up.

they are preselling you tokens that can be used to get processing power and storage on other people's property. 

Ethereum is nothing like Maidsafe, and its not about buying processing power or storage on other people's machines; ethereum is mostly about smart contracts, and also about Dao's (digital autonomous organisations).

what do you think those smart contracts are for  selling people blow jobs on electronic machine to machine markets?  (hint: sharing computer resources...)

i know digging back to the 1980s is hard, but come on... do some research

from the ethereum.org, pay attention to #3, #5

"open source, one click app install.
law
cloud storage
prediction markets
trading
decentralized hosting
your own currency"

[CoinRocka]

what is his motivation of doing this? - It makes not too much sense, if ether only sees an inflation of 28% per year and the ipo buyers probably will not sell below initial price

You know Mircea
Well perhaps not it but pretty much MP loves to point out the weaknesses in Bitcoin securities and tout Mpex but Mircea is pretty much saying Ethereum is seriously over valued and is willing to bet a futures contract on it.

In other words give me 1 BTC now I'll deliver these many coins for you next year and am presently offering a better exchange rate than Ethereum.
(MP) thinks that they can make a lot more Bitcoins than the true value of etherum will be at that date in the future.

@ Yes I think that Romanian would deliver and hold up their end of the deal in a year lol.

That said maidsafe is close to market again
https://bitcointalk.org/index.php?topic=579797.0
https://poloniex.com/exchange/btc_maid

AT IPO 17000 = 1 BTC
0.00004893 * 17000 = 0.83181

these guys will easily get 20k+ BTC.  that is good for us. more btc off the tables...
what the hell does that even mean

whether it goes up or down really doesn't matter unless you want to speculate on increasing your btc position 8 months from now
absolute genius

it validates that a company can raise 10's of millions using BTC, and will use BTC to essentially fund its operation.
more genius analysis

it has some young, smart dorky guy (sorry Vitalik) who looks a lot better than some fat fuck who can't even run a magic card exchange and some other person who was dumb enough to put out assassination contracts with under cover FBI agents...
this dude might change the world, and you're just an assclown

anyway i might throw in 0.5 btc for the hell of it, who knows maybe Mircea will get short squeezed and i can 10x that into 5 btc. 
hypocrite

your post is ignorant, have a nice day!

[profitofthegods]

lol everytime i see an altcoins launching i'm laughing hard...

Do you noobs realize they're essentially making btc out of this? So they sell their ultimate coins for BTC and guess what noob? so they can hold more btc. All ppl behind these projects are already btc rich. If they truly believe their alt coins are.... "bitcoin2.0" they would have dumped their btc.

I'm not going to say this will make money, but people should realize they aren't trying to be BTC 2.0. It's a very different type of coin for a different purpose. I'm not even sure it'd be considered a cryptocurrency in the traditional sense.

yea, it is sort of like MaidSafe.  I'm about 10% familiar with both of these, and the wording is very, very similar.

how many more of these will we see pop up.

they are preselling you tokens that can be used to get processing power and storage on other people's property. 

Ethereum is nothing like Maidsafe, and its not about buying processing power or storage on other people's machines; ethereum is mostly about smart contracts, and also about Dao's (digital autonomous organisations).

what do you think those smart contracts are for  selling people blow jobs on electronic machine to machine markets?  (hint: sharing computer resources...)

i know digging back to the 1980s is hard, but come on... do some research

from the ethereum.org, pay attention to #3, #5

"open source, one click app install.
law
cloud storage
prediction markets
trading
decentralized hosting
your own currency"

Maidsafe is farmed by people providing computer resources to the network which others can buy. Ethereum is mined using a PoW block chain - there is no direct provision in Etheruem for people to be rewarded for providing computer resources directly to the ethereum network, or for others to buy those resources from the network. No idea what your reference to the 1980s means.